02:44:55 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Canadian National Railway Company
Symbol CNR
Shares Issued 656,450,557
Close 2023-09-08 C$ 147.15
Market Cap C$ 96,596,699,463
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CN Rail, Norfolk to roll out Cdn-U.S. all-rail service

2023-09-11 12:16 ET - News Release

Ms. Tracy Robinson reports

A NEW CANADIAN - U.S. INTERMODAL SERVICE

On Monday, Canadian National Railway Company and Norfolk Southern Corp. (NS) have agreed to a new domestic intermodal service. Launching on Oct. 2, this unique service will provide customers with an integrated, market-competitive and efficient all-rail service. The service will link CN-served Canadian markets with Norfolk Southern-served Kansas City and Atlanta, the heart of the fast-growing manufacturing and consumer base in the southeastern United States.

The two carriers will utilize new intermodal steel wheel interchanges in Detroit and Chicago to seamlessly operate like a single-line intermodal product. The new, cost-effective, steel-wheel-connected service option for customers converts truck traffic to long-haul rail. This would help reduce greenhouse gas emissions and customers' overall carbon footprint. Integrated rail interchanges also provide customers with the opportunity to optimize their cargo loaded weights.

"This new CN-Norfolk Southern domestic intermodal service combines premier intermodal choices for our shared customers," said Alan H. Shaw, Norfolk Southern president and chief executive officer. "Designed with customer-centricity top of mind, it simplifies their processes, enabling smoother rail shipments between Canada, Kansas City and Atlanta."

"CN is pleased to provide customers enhanced market access with the launch of another new intermodal product," said Tracy Robinson, CN Railway's president and chief executive officer. "The reliable, cost-effective and truck-competitive service will help our customers shift more business onto rail."

About Canadian National Railway Company

CN Rail is a world-class transportation leader and trade enabler. Essential to the economy, to the customers and to the communities it serves, CN Rail safely transports more than 300 million tons of natural resources, manufactured products and finished goods throughout North America every year. CN Rail's network connects Canada's eastern and western coasts with the United States south through an 18,600-mile rail network, CN Rail and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN Rail is committed to programs supporting social responsibility and environmental stewardship.

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